11.   The prices of small diamonds were plagued with a glut, as Indian diamond manufacturers got into a frenzy, cutting more and more goods and creating an oversupply.

12.   He said Indian diamond processors were also hit by rising domestic interest rates and bad government policies on imports of rough diamonds.

13.   Indian diamond processors specialise in importing and polishing small sized rough diamonds.

14.   Australian company Argyle Diamonds has accused the South African diamond giant De Beers of flooding the Indian rough diamond market, the West Australian said Wednesday.

15.   The United States is the largest buyer of Indian diamonds, followed by Japan and Germany.